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Message: RE: The ``answer`` in a nutshell............SGE/ Frank

RE: The ``answer`` in a nutshell............... Frank

posted on Apr 18, 2006 05:25PM
I don`t doubt your word or your conversation with RP. The basic problem I have is that RP is telling you one thing and in the Feb 14, 2006 Quarter 3 results Will states almost the opposite. An exerpt from that communication:

“Based on this response, and the U.S. and international companies we are working with, we believe we can grow our revenues and improve margins in future periods,” commented Blakeley. “As our new turnkey entertainment services solution is fully implemented, we expect to capture more margin on each product sale and collect monthly revenues from content and other services. More importantly, we believe we can become profitable with annual sales of eVU units totaling approximately half of the 8,000+ e.Digital-powered IFE units currently in the field.”

It specifically mentions sales and monthly revenues from content and other services. There is no mention of rentals in the grand scheme of things, although it would be probably to our advantage if that was the route they were taken.

Now the question is do we/they have two separate business plans?

Lastly the board is confused because we often get different explanations from questions asked of edig.

Lets hope RP can explain these 180 degree comments.

OZ

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